Miscellaneous Insurance

All Risk Insurance


Burglary & House Breaking Insurance Policy

This policy covers contents of business premises against the risk of loss or damage by burglary and house breaking. The property that can be covered are Stock - in - trade; Goods -in- trust or on commission for which the insured is responsible; Fixtures, fittings and utensils in trade; Cash and currency notes secured in locked safe.

Covered Risks

Burglary or house breaking of property following upon felonious entry of the premises by violent means; Damage to the premises by the burglars.

Major Exclusions

Where any inmate or insured's family members or business staff is involved; by larceny, Consequent upon fire and explosion. Loss of cash following use of key Earthquake and natural perils, riot, strike and civil commotion and war and nuclear risks.


  • Particulars of cover liability and exclusion given above are not complete or exhaustive.
  • Our nearest Branch Office may be approached for complete details.

Cash- in- Transit Insurance Policy

Insurable Interest

The Insurer under this Policies indemnify the Insured against loss of Cash, Currency Notes, Coins, Securities for Money, Postal Orders, Stamps and Cheques etc. whilst in transit en-route to final destination and/or in locked safe.

Scope of Cover

The Policy Covers the loss sustained in the following situations:

The Cover is available for the loss of Cash drawn for the payment of wages, salaries and other earnings or for petty Cash in direct transit from the Bank to the Insured’s premises.

Risk starts from the time the Cash is received at the Bank by the Insured or the authorized employee of the Insured as detailed in the Policy until delivered at the premises or other place of disbursement (declared with the Insurer) and until there paid out.

However, it may be noted that the loss due to theft of the cash is not covered.

Risks Excluded

  • Shortage of cash due to error or commission
  • Loss of cash entrusted to any person other than the Insured or an authorized employee of the Insured.
  • Loss of cash where Insured or his business staff is concerned as principle or accessories except loss due to fraud or dishonesty of any cash carrying employee of the Insured occurring whilst in transit and discovered within 48 hours.
  • Loss occasioned by Riot, Civil Commotion or Terrorism.

Main Factors Considered Issuance of Policy

The premium rate for this clause of insurance is assessed by the Insurer only after a careful study of all circumstances appertaining to the transit, in accordance with the details furnished in the proposal form by the Insured and the past experience. The following factors are ordinarily taken into consideration for underwriting money-in-transit insurance proposals:

  • The maximum amount carried in any single transit;
  • The number of employees carrying money, the duration of their service with the insured and whether any of them was involved in any previous default.
  • The mode of carriage of money i.e on foot, on bi-cycle, in rickshaw, in bus, in taxi or in the insured’s own vehicle;
  • The manner in which it is carried i.e on the body of the employee, in a closed and locked bag, and whether the bag is attached to the body of the messengers, or in a box securely locked;
  • Whether armed guards accompany the party carrying the money;
  • The places between which the money is carried and their location in relation to the neighbor-hood;
  • The route through which the money is carried, whether it is thoroughfare or traverses through any sparsely or lonely area and whether the route would be varied so as to prevent an ambush;
  • The time of the delay when the money is carried (this should normally be between 9 am and 5 pm)
  • The general condition of law and order in the area through which the money is carried.

Extended Covers Available

The insurance can be extended to cover the following at an additional rate:

  • For non-arms guard an additional premium of 25% of the basic rate.
  • Assault Risks to unnamed cash carrying messengers and/or employees.
  • Money in till (drawer for money in shop or bank etc.) and /or counter up to a reasonable limit.

Duties of Insured

  • The Insured shall keep a daily record of the amount of cash contained in the safe or strong room and such record shall be deposited in a secure place other than the said safe or strong room for producing the same to the Insurer as documentary evidence in support of the claim under this Policy.
  • The keys of the safe or strong room shall not be left on the premises out of business hours unless the premises are occupied by the Insured or any authorized employer of the Insured in which case such keys if left on the premises shall be deposited in a secure place not in the vicinity of the safe or strong room.
  • The Policy does not cover loss of cash obtained from safe/strong room following the loss of the key to the said safe/strong room or any duplicate thereof belonging to the Insured unless such key has been obtained by threat of violence.


  • Particulars of cover liability and exclusion given above are not complete or exhaustive.
  • Our nearest Branch Office may be approached for complete details.

Cash In ATM Insurance


General / Public Liability Insurance


Comprehensive General Liability Insurance


Employers Liability Insurance


Products Liability Insurance


Professional Indemnity Insurance


Directors and Officers Liability Insurance


Boilers and Pressure Vessels Insurance

Boilers, steam apparatus and other pressure vessels may be insured on its own through the Boiler Explosion policy. A boiler stores up substantial energy, which on being released by explosion, can cause extensive damage and sometimes bodily injury.

Scope of Cover

The policy is designed to cover explosion (the sudden and violent rending or tearing apart of the permanent structure of a boiler or other apparatus by force of internal steam or fluid pressure) and collapse (the sudden and dangerous distortion of any part of a boiler or other apparatus by bending or crushing caused by steam or fluid pressure).

Among covers provided by the policy are damage to the boiler or other apparatus described in the schedule, damage to auxiliaries and surrounding property e.g. buildings and machinery, liability of the Insured at law for fatal or non-fatal injuries sustained by any non-employee, liability of the Insured at law for damage to property belonging to third parties

General policy exclusions include defects due to wearing away or wasting of materials, grooving or fracturing whether by leakage corrosion or by fuel action, failure of individual tubes in boilers of water tube, damage to Insured’s property caused by fire whether resulting from explosion or any other cause whatsoever, loss sustained by stoppage of work, loss or damage arising out of hurricane, cyclone or other convulsion of nature, any kind of consequential losses.


  • Particulars of cover liability and exclusion given above are not complete or exhaustive.
  • Our nearest Branch Office may be approached for complete details.

Personal Accident Insurance

The policy provide that if any time any period of insurance any of the insured person named in the schedule sustain any bodily injury cause by accidental violent external & visible means which injury shall solely and independently of any other cause results in death or disablement subject to terms, provisions and exceptions and conditions contained in the policy or endorsed therein in the insurer shall pay to the insured or in the event of his death to his legal personal representatives compensation as provided in the schedule of benefits. Broadly speaking lump-sumps are payable in the event of death or permanent disablement & weekly benefit for temporary disablement provided always that:

  • Death, loss or permanent disablement takes place within twelve calendar months of the occurrence of the injury.
  • The total sum payable under the policy in respect of any one or more claims shall not exceed in all in any one period of insurance the largest sum insured under any one of the items contained in the schedule of compensation or added to the policy by endorsement.


  • Particulars of cover liability and exclusion given above are not complete or exhaustive.
  • Our nearest Branch Office may be approached for complete details.

The Peoples Personal Accident Policy

Scope of Cover

  • Death (within 6 calendar months of injury)
  • Total permanent loss of loss of sight of both eyes/total permanent loss of both hands/both feet/one eye and one limb/one hand and one foot (within 6 calendar months of injury)
  • Total permanent loss of sight of eye/total permanent loss of one hand and/one foot (within 6 calendar months of injury)
  • Permanent total and absolute disablement caused by injury (within 12 calendar months of injury)

Overseas Medi-claim Insurance:

Overseas Medi-claim Insurance for Business & Holiday and Employment & Studies are available for Bangladesh nationals visiting abroad for the purpose of business and holidays tour or temporarily staying outside Bangladesh for studies or employment under Bangladeshi employer.

Scope of cover

Intended only for use of insured person in the event of a sudden & unexpected sickness or accident, arising when the insured is staying outside Bangladesh.


  • Particulars of cover liability and exclusion given above are not complete or exhaustive.
  • Our nearest Branch Office may be approached for complete details.

Health Insurance

Health Plan

“Health Plan” is a policy which covers for “medical expenses” in the unfortunate event of hospitalization of the insured or policy holder due to sudden illness or accident. Prime health plan brings a radical change in our life by making this policy effective and advantageous. If any person takes this policy, he will get the monetary support as well as mental satisfaction through its offerings for the policyholders by bearing the cost of hospitalization up to striking sum insured.

The insurance provides comprehensive cover for all expenses (up to sum insured limit) related to coverage of group hospitalization which among other things includes room rent, treatment/surgery & other related expenses.

We Offers

Our “Health Plan” provides health insurance for your employees and group of families with the following slabs:

Health Plan Benefit’s Slab
Platinum BDT. 750,000
Gold BDT. 500,000
Silver BDT. 350,000
Green BDT. 200,000
Standard BDT. 100,000
Basic BDT. 75,000

Who all can opt Prime Health Plan

The product has been designed for groups and can include families of the members who are in good health and between the ages of 3 months and 65 years.

Benefit under the Plan

We have designed our benefits in two categories:

  • Normal benefit
  • Additional benefit

Normal benefit

  • 30 days pre and 60 days post hospitalization benefits.
  • Hospitalization benefit including room rent 2% of sum insured per day (for 15 days), consultation fee, routine investigation, surgery (Major and Intermediate), medicines and ancillary services
  • ICU facility, 3% of SI per day maximum for 10 days.
  • Maximum Tk. 3,000/- for Ambulance services.

Additional benefit

  • Overseas treatment in India, Singapore and Thailand at 40% extra premium;
  • Overseas treatment only in India at 20% extra premium;
  • Maternity benefit on additional premium
  • Critical illness benefit can be covered on additional premium as detailed. The plan is offered to anyone in good health and between the ages of 3 months and 45 years
  • Following Critical Illness will be Covered Up To Sum Insured
    • Cancer;
    • End stage renal Failure;
    • Multiple Sclerosis;
    • Major Organ Transplant;
    • Myocardial Infarction;
    • Heart Valve Replacement
    • Coronary Artery Bypass Graft;
    • Stroke; and
    • Paralysis.
  • Accidental Death cover and permanent total disability cover up to sum-insured.

Please note: Critical Illness will not be covered if it is discovered within 90 days after the issuance of insurance policy


  • Pre-existing disease
  • From the policy issuing date to first 30 days of commencement if any treatment is required for the hospitalization no claim will be paid by Prime, except an accidental case.
  • Any insured person committing or attempting to commit a criminal or illegal act or intentional self injury or attempted suicide.
  • Participation or involvement in naval, military or air force operation, racing, diving, aviation, scuba diving, parachuting, hang-gliding, rock or mountain climbing.
  • Abuse of intoxicants or hallucinogenic substances such as drugs and alcohol, including smoking cessation programs & the treatment of nicotine addiction or any other substance abuse treatment or services, or supplies.
  • Obesity or morbid obesity or any weight control programs, where obesity means the Body Mass Index (BMI) is above 29 & morbid obesity where BMI is above 37.
  • Psychiatric or mental disorders or exhaustion; congenital internal or external diseases, defects or anomalies; genetic disorders; stem cell implantation or surgery or growth hormone therapy; sleep-apnea.
  • Pregnancy, miscarriage, maternity or birth except in case of ectopic pregnancy.
  • Sterility, surrogate or vicarious pregnancy; birth control.
  • Dental treatment & surgery of any kind, unless requiring Hospitalization
  • Treatment of spinal subluxation; diagnosis & treatment by manipulation of the skeletal structure; muscle stimulation.
  • HIV;
  • Less than 24 hours of hospitalization cost;
  • Nasal septum deviation; laser treatment for correction of eye due to refractive error; aesthetic or change-of-life treatments.
  • Plastic or cosmetic surgery unless necessary as a part of medical treatment certified by the attending physician for reconstruction following an accident, cancer or burns.
  • Any non-allopathic treatment.
  • Convalescence, cure, rest cure, sanatorium treatment, rehabilitation measures, rejuvenation cures, thermal baths, private duty nursing, respite care, long-term nursing care or custodial care,
  • Items of personal comfort and convenience.
  • War risk, terrorism, violence, public defense, military or usurped acts.
  • Optical treatment (lab test, glasses and contact lenses) cost except due to accident.
  • Artificial limbs, crutches or any external appliance &/or device used for diagnosis or treatment.
  • Organ transplant & medical expenses incurred for an organ’s donor's treatment for the harvesting of organ donated.

Hajj and Umrah Travel Insurance

Hajj and Umarh Insurance Policy is a unique product for the people of Bangladesh designed to cover the pilgrims performing Hajj. This policy provides monetary compensation to the pilgrims against in case of any unusual happening to the pilgrim due to any kind of accident and inconsequence of that accident if the person permanently disable. Again inconsequence of that incident/accident if any death occurred at the time of Hajj/Omrah or on the way to home then the deceased nominee will get the financial compensation. Compensation will also be covered for repatriation cost due to accident.

Our Offerings for Pilgrims

We have designed our products into two categories for the benefits of Pilgrims:

  • Hajj Protection- Platinum
  • Hajj Protection- Gold

Benefit against the Hajj Protection

Offer Benefit Limit of Indemnity Premium (including VAT & Stamp Duty)
PLATINUM Accidental Death and Permanent Total Disability USD 13,500.00 or equivalent BDT BDT. 628
Body Repatriation USD 1,500.00 or equivalent BDT
Accident Medical in excess of USD 55 each and every loss USD 800 or equivalent BD Taka
GOLD Accidental Death and Permanent Total Disability USD8,000.00 or equivalent BDT BDT. 492
Body Repatriation USD1,500.00 or equivalent BDT
Accident Medical in excess of USD 55 each and every loss Accident Medical in excess of USD 55 each and every loss

Age Constraint of Taking Hajj Insurance

This product has been designed for pilgrims up to 65 years old for all benefits. However, with additional premium, the cover can be extended up to 80 years of age. The additional premiums are shown in below for the Pilgrims whose age between 66 and 80.

  • 66-70 years Load premium by 20%
  • 71-75 years Load premium by 25%
  • 76-80 years Load premium by 50%

Schedule of Compensation of Hajj Insurance

This insurance covers in respect of the following benefits (or a percentage of the Capital sum Insured) inserted against them

SL Insurance Covers PLATINUM GOLD
A Death USD 13,500.00 USD 8,000.00
B Total and irrecoverable loss of sight of both eyes USD 13,500.00 USD 8,000.00
C Total and irrecoverable loss of sight of one eye USD 13,500.00 USD 8,000.00
D Loss of two limbs USD 13,500.00 USD 8,000.00
E Loss of one limb USD 13,500.00 USD 8,000.00

Permanent Total Disablement (other than total

loss of sight of one or both eyes or loss of limb)
USD 13,500.00 USD 8,000.00


The insurance does not cover death or disablement directly or indirectly arising out of or consequent upon or contribution to by:

  • loss, damage, death, disablement or expenses directly or indirectly occasioned by, happening through or inconsequence of war, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection, military or usurped power or confiscation or nationalization or requisition or destruction of or damage to property by or under the order of any government or public or local authority;
  • i) Death, disablement, loss or destruction of or damage to any property Whatsoever or any loss or expense whatsoever resulting or arising there from or any consequential loss; ii) Any legal liability of whatsoever nature.

    Directly or indirectly caused by or contributed to by or arising from

    • Ionizing radiations or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel;
    • the radioactive, toxic, explosive or other hazardous properties of any explosive nuclear assembly or nuclear component thereof;
  • Death, disablement, loss or expense whilst the Insured Person is engaged in or taking part in mountaineering or rock climbing normally involving the use of ropes or guides; potholing; all forms of racing other than on foot; diving involving the use of breathing apparatus; any form of operational duties as a member of the armed forces, professional entertaining, organized sports, or flying (other than when travelling by air solely as a passenger), ski jumping, ski racing, ice hockey, snowboarding, the use of bobsleighs or skeletons and loss of or damage to hired clothing, hired equipment and skis whilst in use
  • Death, disablement, loss or expense arising out of the Insured Person engaging in Winter Sports, unless such cover has been agreed by the Underwriters and the appropriate additional premium has been paid. Subject always to the exclusions stated in General Exclusion 3.
  • Bodily injury sustained or illness or disease contracted by an Insured Person over 80 years of age unless cover in respect of such Insured Person has been agreed by the Underwriters and the appropriate additional premium paid;
  • Death, disablement, loss, expense or liability directly or indirectly arising out of or contributed by the Insured Person's willful self-injury, suicide, attempted suicide, psychiatric disorders deliberate exposure to exceptional danger (except in the attempt to save human life), or the Insured Person's own criminal act;
  • death, disablement, loss or expense arising from the Insured Person driving or riding a motor cycle or motor scooter other than a moped under 50cc.
  • The Insured Person engaging in Air Travel except as a passenger in a properly licensed multi-engine aircraft being operated by a licensed commercial air carrier or owned and operated by a commercial concern;
  • Acquired Immune Deficiency Syndrome (AIDS) or AIDS Related Complex (ARC) howsoever this syndrome has been acquired or may be named;
  • Deliberate exposure to exceptional danger (except in an attempt to save human life), or the Insured Person's own criminal act or the Insured Person being under the influence of alcohol or drugs.

FICL is known for its innovation and services. Today´s competitive insurance market is driving the market to think and innovative products and services and FICL has been doing with its authentic. Beside the Traditional insurance portfolio FICL introduced following personal line of products some them are in pipeline:

  • Household Insurance
  • Cellular Phone Contingency Insurance
  • Weather Index Based Insurance

It is matter of great pride that FICL has introduced an insurance product first time ever in Bangladesh which is designed only for the females named as Nibedita-Comprehensive Insurance Policy for Women. GDIC has also designed first ever Weather Index Based Insurance for the farmers of Bangladesh which will be launched shortly.

Cellular Mobile Phone Insurance


Fidelity Guarantee Insurance


Neon Sign Insurance


Rubber Plantation Insurance


Lockers Insurance


Air Travel Insurance


Credit Card Holder Insurance


Safe Deposite Box (Bank Lockers)


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